OMV Aktiengesellschaft (OTCMKTS:OMVJF) Hits New 52-Week Low – Time to Sell?

OMV Aktiengesellschaft (OTCMKTS:OMVJF)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $38.89 and last traded at $39.54, with a volume of 700 shares traded. The stock had previously closed at $39.74.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded shares of OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.

OMV Aktiengesellschaft Stock Down 0.5 %

The business has a fifty day simple moving average of $41.42 and a two-hundred day simple moving average of $43.22. The company has a market cap of $12.93 billion, a P/E ratio of 7.65 and a beta of 0.82.

OMV Aktiengesellschaft Company Profile

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.